1. Your entry point to the Middle East and North Africa www.investad.ae 1

2. Disclaimer: Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. Any and all ideas, opinions, forecasts, market analysis or market data, expressed or implied herein, are for informational purposes only and should not be construed as trading recommendations to invest, trade, buy or sell securities and or speculate in any specific futures contract, option or any other market. Any investments, trades, and or speculations made in light of the ideas, opinions, and or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. The market data contained herein is believed to be reliable, but has not been independently verified. Accordingly, such data cannot be guaranteed as to reliability, accuracy, or completeness, and as such is subject to change without notice. In no event will Invest AD or any of its employees be liable for any information contained herein. 2

3. Invest AD offers institutional investors access to exceptional opportunities in the Middle East and North Africa, a region of vibrant and growing economies. INTRODUCING INVEST AD OUR BUSINESS INVESTMENT MANAGEMENT Invest AD offers investors expert access to securities markets across the Middle East and Emerging Africa through equity funds and discretionary managed accounts, and also provides sub-advisory services to other fund managers. INFRASTRUCTURE Through a joint venture, Invest AD and UBS Global Asset Management have launched a fund to tap major infrastructure development in the Middle East and North Africa. PRIVATE EQUITY Invest AD launched its first private equity fund for third-party investors in 2008, and expects strong deal flow in coming years as the family-owned companies that dominate the Middle East and North Africa region reshuffle their assets. 3

4. REAL ESTATE Invest AD has been investing in real estate for three decades, and benefits from a strong in-house team of senior real estate professionals. The team has developed robust management and operation functions, making the most of over 80 years of combined real estate investment, development and fund management experience. INVESTMENT BANKING Invest AD is ideally placed to give unbiased advice and financial valuation services to investors for strategic investments, M&A, private placements and restructuring in the MENA region. PROPRIETARY INVESTMENTS Invest AD employs it’s own balance sheet in several areas on global markets. These include: private equity and real estate funds of funds, loan syndication origination activities and direct investment in other assets. The investment is primarily focused towards the Middle East and North Africa region. 4

5. INVESTMENT MANAGEMENT Invest AD offers investors expert access to securities markets across the Middle East and Emerging Africa through equity funds and discretionary managed accounts, and also provides sub-advisory services to other fund managers. Headed by Mohammed Al Hashemi, the investment management team’s 12-strong team of portfolio managers and analysts are committed to delivering investment products that outperform. With over 100 years of combined fund management experience in global markets, they draw on deep understanding of a diverse region and put extra emphasis on direct contact with senior management of companies, whether they are based in Rabat, Cairo or Riyadh. Strategies followed by our investment funds and services include: Pan Regional (Middle East and Emerging Africa) Country Specific Fundamental Analysis Driven Technical/Mechanical Trading Driven Macro and Market Neutral Licensed by the Central Bank of the UAE, we employ international best practices for risk management and control. The team follows the CFA Code of Professional Conduct and its own strict internal codes of conduct. And by employing best-in-class systems and international independent fund services providers, Invest AD gives clients the highest quality business infrastructure. 5

6. MIDDLE EAST AND NORTH AFRICA Qatar Saudi Arabia UAE Egypt Morocco Kuwait Lebanon Jordan Tunisia Bahrain Oman Turkey 6

7. MSCI ARABIAN MARKETS – COUNTRY ALLOCATION 7

8. MSCI ARABIAN MARKETS – REGION ALLOCATION GCC SAUDI ARABIA 50.64% KUWAIT 17.55% UAE 7.24% QATAR 6.30% OMAN 2.14% BAHRAIN 0.85% JEM EGYPT 8.48% MOROCCO 3.23% JORDAN 1.25% LEBANON 1.83% TUNISIA 0.48% 8

9. MSCI ARABIAN MARKETS 9

10. MSCI GCC vs. MSCI ARABIAN MARKETS 10

11. MSCI JEM vs. MSCI ARABIAN MARKETS 11

12. MSCI ARABIAN MARKETS vs. MSCI WORLD MARKETS 12

13. MSCI ARABIAN MARKETS vs. MSCI EMERGING MARKETS 13

14. SAUDI ARABIA 20 week MA 50 week MA 100 week MA 200 week MA 14

15. SAUDI ARABIA 20 week MA 50 week MA 100 week MA 200 week MA 15

16. BANKING vs. SAUDI GEN INDEX PETROCHEM vs. SAUDI GEN INDEX 16

17. KUWAIT 50 week MA 100 week MA 200 week MA 20 week MA 17

18. BANKING vs. KUWAIT SE INDEX SERVICE vs. KUWAIT SE INDEX 18

19. MSCI KUWAIT vs. MSCI ARABIAN M MSCI SAUDI ARABIA vs. MSCI ARABIAN M MSCI KUWAIT vs. MSCI ARABIAN M MSCI SAUDI ARABIA vs. MSCI ARABIAN M KUWAIT vs. MENA SAUDI ARABIA vs. MENA 19

20. UNITED ARAB EMIRATES – ABU DHABI 50 week MA 100 week MA 200 week MA 20 week MA 20

21. BANKING vs. ADSM REAL ESTATE vs. ADSM 21

22. UNITED ARAB EMIRATES – DUBAI 50 week MA 100 week MA 200 week MA 20 week MA 22

23. BANKING vs. DFMGI REAL ESTATE vs. DFMGI 23

24. ADSM vs. DFMGI 24

25. QATAR 50 week MA 100 week MA 200 week MA 20 week MA 25

26. BANKING vs. DSM 20 INDEX INDUSTRIALS vs. DSM 20 INDEX 26

27. OMAN 50 week MA 100 week MA 200 week MA 20 week MA 27

28. BANKING vs. MSM 30 INDEX SERVICE vs. MSM 30 INDEX 28

29. EGYPT 50 week MA 100 week MA 200 week MA 20 week MA 29

30. MOROCCO 50 week MA 100 week MA 200 week MA 20 week MA 30

31. JORDAN 50 week MA 100 week MA 200 week MA 20 week MA 31

32. TURKEY 50 week MA 100 week MA 200 week MA 20 week MA 32

33. MSCI TURKEY vs. MSCI ARABIAN MARKETS 33

34. MSCI EGYPT vs. MSCI ARABIAN MARKETS 34

35. MSCI SAUDI ARABIA vs. MSCI ARABIAN MARKETS 35

36. FINANCIALS vs. XU 100 INDEX INDUSTRIALS vs. XU 100 INDEX 36

37. INVEST AD - MENA DYNAMIC FUND INVESTMENT OBJECTIVE The Fund seeks to provide Investors with a positive long-term return by actively investing in listed MENA Region equity securities and cash holdings. The Investment Manager will use technical analysis to identify and invest in those equity securities which the Investment Manager believes will result in positive returns. The Investment Manager will have full discretion over the portfolio and may allocate between 100% cash and 100% equity investment being free from a set benchmark. The Fund actively uses cash as part of the investment strategy in an attempt to mitigate downside risk and preserve capital in down-trending markets. 37

38. INVEST AD - MENA DYNAMIC FUND INVESTMENT GUIDELINES The Investment Manager will generally adhere to the following guidelines in investing the Assets of the Fund: ▪ The Investment Manager may invest up to 10% of Assets in individual MENA Region equities without regards to traditional weighting techniques such as market capitalization weighting or index benchmarking. The Investment Manager will consider liquidity and volatility in his allocations. ▪ The Investment Manager may invest up to 30% of the Assets in any one MENA Region country. ▪ The Investment Manager may choose to hold 100% of the Assets in cash or cash equivalents. ▪ Although the Investment Manager does not initially expect to short sell securities, it may elect to do so in the future. ▪ The Fund is not expected to utilize leverage in order to implement its investment strategy; however, the Fund may borrow when deemed appropriate by the Investment Manager, in its sole discretion, including, without limitation, to meet operational needs of the Fund. The total amount of any such leverage will not exceed 10% of the Fund NAV at any time. 38

39. INVEST AD - MENA DYNAMIC FUND (TRACK RECORD) 39

40. INVEST AD - MENA DYNAMIC FUND (TRACK RECORD) AVERAGE INVESTMENT LEVEL: 55% 40

41. MSCI ARABIAN MARKETS 41

42. TECH TALK To receive a copy please e-mail to: Aksel Kibar, CMT a.kibar@investad.ae 42

43. THANK YOU 43